FxPro vs Pepperstone (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

FxPro

Trust rank #17 · Founded 2006

FxPro forex broker provides access to a broad range of forex and CFD markets on popular trading platforms, with an emphasis on order execution and risk management tools.

Read the FxPro review

Pepperstone

Trust rank #10 · Founded 2010

Pepperstone is a well-regarded forex broker offering access to forex and CFD markets through multiple trading platforms, with tools for analysis and risk management.

Read the Pepperstone review

FxPro (United Kingdom, founded 2006) holds 4 regulatory licences (CySEC, FCA, FSCA, SCB), 1 of them tier-1, offers cTrader, MT4, MT5, Proprietary and sits in our low-fee bracket. Pepperstone (Australia, founded 2010) holds 8 regulatory licences (ASIC, BaFin, CMA, CySEC, DFSA…), 3 of them tier-1, offers cTrader, MT4, MT5, TradingView and sits in our low-fee bracket. The two overlap in 228 countries; FxPro is available in 2 countries where Pepperstone is not, and Pepperstone in 1 where FxPro is not.

Verdict at a glance

  • FxPro leads on track record and country coverage.
  • Pepperstone leads on trust rank, regulatory coverage, instrument range and tier-1 licences.
  • Level on platform choice and fee level.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

FxPro vs Pepperstone: side-by-side data

CriteriaFxProPepperstone
Trust rank#17#10
Founded20062010
HeadquartersUnited KingdomAustralia
RegulatorsCySEC, FCA, FSCA, SCBASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB
Broker typeECN, STPECN, STP
PlatformscTrader, MT4, MT5, ProprietarycTrader, MT4, MT5, TradingView
InstrumentsCommodities, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted230 countries229 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesCopy Trading, Professional Trading, Retail TradingCopy Trading, Professional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

FxPro

  • Multi-Jurisdiction Regulation (FCA, CySEC, FSCA, SCB)
  • MT4/MT5/cTrader + Proprietary Platforms
  • No Dealing Desk Execution & Deep Liquidity
  • Negative Balance Protection & Segregated Funds
  • FIX API, cTrader Open API & VPS for Algo Trading

Pepperstone

  • Raw spreads from 0.0 pips + low commissions
  • Ultra-low-latency market execution, deep liquidity
  • NDD/STP model with scalping, hedging, and EAs allowed
  • MT4/MT5, cTrader, TradingView, and API support
  • Top-tier regulation (FCA, ASIC)

Cons

FxPro

  • Not available to U.S. clients
  • Pricing not the lowest (spreads/commissions)
  • No guaranteed stop-loss orders (GSLO)
  • Inactivity fee on dormant accounts
  • ESMA 1:30 leverage cap under EU/UK regulation

Pepperstone

  • No guaranteed stop-loss orders
  • Negative balance protection limited to EU/UK retail clients
  • Not available to U.S. residents
  • CFDs-only offering (no real stocks/ETFs)
  • No proprietary trading platform

Key features

FxPro

  • Multi Platform Trading MetaTrader 4 MetaTrader 5 cTrader FxPro Platform
  • No Dealing Desk Market Execution Deep Liquidity
  • Multi Jurisdiction Regulation FCA CySEC FSCA SCB Segregated Funds Negative Balance Protection
  • Broad CFD Instrument Coverage Forex Indices Shares Metals Energies Futures
  • Algorithmic and Copy Trading EAs cBots cTrader Copy VPS
  • Integrated Tools Economic Calendar Market News Advanced Charting Price Alerts

Pepperstone

  • Agency model no dealing desk market execution
  • Razor raw spreads and Standard pricing
  • MT4 MT5 cTrader and TradingView platforms
  • Advanced tools Autochartist Smart Trader Tools cTrader Automate and VPS
  • Tier 1 regulation and segregated client funds ASIC FCA CySEC DFSA BaFin
  • Wide range of CFDs forex indices commodities shares and crypto where permitted

Country availability: FxPro vs Pepperstone

Available at both (228): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island and 188 more.

Only FxPro (2): Belgium, Spain.

Only Pepperstone (1): Canada.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

FxPro vs Pepperstone: common questions

Which broker is more regulated, FxPro or Pepperstone?

Pepperstone holds more regulatory licences: FxPro (CySEC, FCA, FSCA, SCB) versus Pepperstone (ASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB). Tier-1 licences: FxPro 1, Pepperstone 3.

Which trading platforms do FxPro and Pepperstone offer?

FxPro offers cTrader, MT4, MT5, Proprietary; Pepperstone offers cTrader, MT4, MT5, TradingView.

Which has lower fees, FxPro or Pepperstone?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, FxPro or Pepperstone?

FxPro is the older of the two, founded in 2006; Pepperstone was founded in 2010.

Are FxPro and Pepperstone available in the same countries?

They overlap in 228 countries. FxPro is additionally available in 2 countries (Belgium, Spain) and Pepperstone in 1 countries (Canada).

Keep comparing

FxPro

Pepperstone

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.